Big Market Research, China Gear Industry Report, Market Size, Share, Global Trends, Assessment, Demand, Insights, Analysis, Research, Opportunities, Segmentation and Forecast, 2012-2016. Browse full report & TOC @ http://www.bigmarketresearch.com/china-gear-market
China’s gear output reached 1.90 million tons in 2012, with a year-on-year growth rate of 36.6%. The output is expected to hit 3.02 million tons in 2015. Chinese gear industry lags behind foreign countries in gear standards, fundamental R&D, product performance and otherwise, and it still needs to import large quantities of high-end gears. Gears are applied widely, and the types vary greatly. Different manufacturers lay emphasis on their specialties. For example, Shaanxi Fast is engaged in heavy-duty automotive transmissions; NGC’s major products are wind power, building materials and metallurgy mechanical gears; the main products of Chongqing Gearbox & Machinery involve wind power, building materials, and high-power marine gearboxes; Dalian Heavy Industry specializes in wind power gearboxes; Zhejiang Wanliyang Transmission and Chongqing Tsingshan Industrial focus on automotive transmissions.